Agencies may be delegated the responsibility of establishing rates for an industry through _____

Which of the following is described as the process of expressing anticipated future benefits of ownership in dollars, and discounting them to a present worth at a rate which is attracting purchase capital to similar investments?

A. Yield evaluation B. Capitalization C. Projection D. Equity manipulation

A red herring is an investment banking firm that purchases a securities issue from the issuing corporation with a view to eventually selling the securities to brokerage houses, which, in turn, sell them to the public

Indicate whether the statement is true or false